CALCULATE the earnings of A and B from the following particulars for a month and allocate...

  

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CALCULATE the earnings of A and B from the following particulars for a month and allocate the employee cost to each job X, Y and Z: (1) Basic Wages (3) (ii) Dearness Allowance (iii) Contribution to provident Fund (on basic wages) (iv) Contribution to Employee's State Insurance (on basic wages) (v) Overtime (Hours) 10,000 16,000 50% 50% 8% 2% 10 The normal working hours for the month are 200. Overtime is paid at double the total of normal wages and dearness allowance. Employer's contribution to state Insurance and Provident Fund are at equal rates with employees' contributions. The two workers were employed on jobs X, Y and Z in the following proportions: Jobs Worker A Worker B Overtime was done on job Y. X 40% 50% Y 30% 20% Z 30% 30% 8% 2% CALCULATE the earnings of A and B from the following particulars for a month and allocate the employee cost to each job X, Y and Z: (1) Basic Wages (3) (ii) Dearness Allowance (iii) Contribution to provident Fund (on basic wages) (iv) Contribution to Employee's State Insurance (on basic wages) (v) Overtime (Hours) 10,000 16,000 50% 50% 8% 2% 10 The normal working hours for the month are 200. Overtime is paid at double the total of normal wages and dearness allowance. Employer's contribution to state Insurance and Provident Fund are at equal rates with employees' contributions. The two workers were employed on jobs X, Y and Z in the following proportions: Jobs Worker A Worker B Overtime was done on job Y. X 40% 50% Y 30% 20% Z 30% 30% 8% 2%

Answer rating: 100% (QA)

Statement showing Earnings of workers A and B A Rs Basic wages Dearness allowance 50 of Bas... View the full answer